「?། ༄། ། ཱ།
PUBLIC RECORD OFFICE
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PUBLIC RECORD OFFICE
C.O.
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17 PUBLIC RECORD OFFICE, LONDON
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CHAPTER X.
§ I. Custody of Public Moneys in Colonies not possessing Representative Assemblies.
293. The Governor may, with the concurrence of the Council, and the approval of the Secretary of State, avail himself of the services of any Banking Establishments in the Colony for the deposit of all, or any portion of the public moneys arising from Colonial revenue or other Colonial receipts, as well as for the transaction of public business connected with the financial arrangements of the Colony. It is to be under- stood that any moneys placed in the Banks are liable to fluctuation in amount, or to be with- drawn, according to the exigencies of the public service, but the Governor will not be precluded
from making a special arrangement for the transfer of a portion of the balance from the current account of the Colonial Government to a deposit account.
This
294. When no banking establishments exist, or where it is not thought advisable to employ them, or when they may be had recourse to for the deposit of part only of the public money, the Governor will cause a secure fire-proof vault ur safe to be constructed, either for the office of the Treasurer, or in some other appropriate Building, for the deposit of all surplus moneys. building is to be duly watched and guarded, and the door of the vault or safe to be furnished with three different locks, the keys of which are to be kept by, and under the separate charge—one, of the Treasurer, and the others of such two principal Officers of the Government as the Governor may consider it most expedient to appoint for such purpose.
295. The Colonial Treasurer, or Receiver- General, is to keep under his own immediate charge such sums of money only as may be necessary to meet the current disbursements of his Department, not exceeding a certain fixed maximum. If Banking Establishments be employed for the deposit only of surplus moneys, or if a strong vault be used for that purpose, the Treasurer's separate balance will, in either case, be regulated by the average amount of his
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